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In this pivotal role, you will be responsible for shaping and delivering IT sourcing strategies across a broad technology landscape, supporting critical business initiatives while ensuring robust governance, regulatory compliance and value creation. You will work closely with senior stakeholders across IT, Legal, Risk, Compliance and Information Security to manage end-to-end procurement activities in a highly regulated banking environment.
Job Responsibility:
Lead end-to-end IT procurement activities across software, hardware, cloud services, IT services, data centres and networking
Develop and execute IT sourcing strategies and category roadmaps aligned to business objectives and risk appetite
Negotiate complex commercial and contractual arrangements with technology vendors, ensuring optimal terms and appropriate risk controls
Drive cost optimisation initiatives, identifying opportunities for savings, consolidation and operational efficiency
Ensure compliance with internal procurement policies, group standards and regulatory requirements (including FCA, PRA, EBA and DORA)
Partner with IT, Legal, Risk and Information Security teams on vendor due diligence, onboarding and governance
Present detailed financial and commercial data clearly and effectively to a wide range of stakeholders
Contribute to procurement governance forums and support the Chief Procurement Officer with committee materials and reporting
Perform procurement-related controls, KRIs and conflict-of-interest processes as required
Requirements:
Bachelor degree or above within relevant discipline
Proven IT procurement experience within financial services, banking or a similarly regulated environment
Demonstrated success in negotiating complex technology contracts, including regulatory and risk-driven requirements
Experience running end-to-end RFX processes for technology teams
Strong knowledge of end-to-end procurement and source-to-contract processes
Exceptional analytical capability with the ability to present complex financial information clearly
Excellent communication skills with the ability to influence at all levels
CIPS or equivalent procurement qualification
Exposure to infrastructure, cloud, software (SaaS and on-premise), cybersecurity and networking categories
Experience with low-latency trading infrastructure and international network connectivity
Familiarity with P2P / S2C systems (experience with Ivalua is advantageous but not essential)
English
Nice to have:
Experience with low-latency trading infrastructure and international network connectivity
Familiarity with P2P / S2C systems (experience with Ivalua is advantageous but not essential)